Morgan Stanley names Owen Thomas CEO for Asia

He takes up his new role at the end of February, at which time he will relocate from New York to Hong Kong. Stephen Roach will continue in his role as chairman of Morgan Stanley, Asia.

In addition to his new role, Thomas will remain on the firm’s global management committee. He is a 20-year veteran of the American bank and ran the firm’s real estate investing business from 1994 and was head of real estate from 2000 to 2005.

At the same time, Morgan Stanley announced its global MSIM business will be co-led by Stuart Bohart, Jay Mantz and Stephen Trevor. Mantz and Trevor will continue to co-head the merchant banking group, which comprises real estate investing, private equity and infrastructure. Stuart Bohart will head all MSIM business outside of merchant banking.

See also:
More subprime writedowns at Morgan Stanley
Cruz leaves Morgan Stanley, as Chammah and Gorman rise up the ranks

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